Tag Archives: EUR/NZD
Terms of Trade Rolling in Clover
After a full-on fortnight, New Zealand’s data diary is relatively light this week. Still, there will be some commodity export price data to take note of,
Factoring in the Fed
In late May, we said that if the FOMC relaxes its easing bias and US yields break convincingly higher the NZD/USD pullback could extend.
Daily FX Wrap and Strategy
The NZD was amongst the weakest performers over the past 24-hours as the market continues to absorb the implications of the recent US Fed announcement.
Daily FX Wrap and Strategy
The last 24-hours can be broken into ‘before’ and ‘after’ the US Federal Reserve announcement. The NZD/USD was on an ascending trend against a broadly softer USD overnight,
Daily FX Wrap and Strategy
The NZD/USD was the weakest performer amongst its peers over the past 24-hours. It trades around 0.8000 currently.
Daily FX Wrap and Strategy
The NZD/USD climbed along with the AUD/USD overnight, to sit around 0.8040 currently. The NZD’s pullback in response to the RBNZ meeting yesterday proved short-lived.
Daily FX Wrap and Strategy
The NZD/USD opened lower on the week and has spent the past 24-hours crawling its way back to 0.7900.
Weekly Forex & Interest Rate Outlook
The long-awaited unwind of extremely long speculative NZD/USD positioning has further to run, but watch out for a possible temporary boost from the RBNZ this week.
Daily FX Wrap and Strategy
The NZD/USD continued its downward slide on Friday, ending the week just below 0.7900. It has opened the week lower to sit around 0.7840 currently.
May: It’s All Been One Way
• The key currency theme was a stronger USD closely aligned to higher US bond yields and a weak JPY
Daily FX Wrap and Strategy
The NZD joined the AUD as worst performers over the past 24-hours. The NZD/USD sits at 0.7940 currently.
Daily FX Wrap and Strategy
The NZD/USD crept toward 0.8130 overnight, before strong demand for the USD early this morning saw the NZD knocked lower.